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$2,095 - $2,7951 to 3 Bedroom Apartments Available Now
Huning Castle Apartments
1500 Central Ave SWAlbuquerque, NM 87104
Cheap Apartments for Rent in the Downtown Albuquerque Neighborhood of Albuquerque, NM from $600 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albuquerque area of Albuquerque.
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$1,600 - $2,0002 Bedroom Apartments Available Now
One Central
1 Central Ave NWAlbuquerque, NM 87102
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Rent Specials
$790 - $820Studio Apartments Available Now
Millennium Flats
1020 Central Ave SWAlbuquerque, NM 87102
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$1,095 - $1,395
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,095 - $1,395
Total Monthly Price
$1,095 - $1,395
Nine-O-Nine Apartments
909 Tijeras Ave NWAlbuquerque, NM 87102
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$1,690
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2 Bedroom Apartment Available NowTotal Monthly Price
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$1,690
Total Monthly Price
$1,690
817 Slate Ave NW, Unit 817, Unit 817
817 Slate Ave NWAlbuquerque, NM 87102
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Studio Apartments
Sunrise Bank
219 Central Ave NWAlbuquerque, NM 87102
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1 Bedroom Apartments
873-895 Silver Ave SW
873-895 Silver Ave SWAlbuquerque, NM 87102
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2 Bedroom Apartments
800 Kent Ave NW
800 Kent Ave NWAlbuquerque, NM 87102
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Studio Apartments
200-208 10th St NW
200-208 10th St NWAlbuquerque, NM 87102
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Studio Apartments
1216 Gold Ave SW
1216 Gold Ave SWAlbuquerque, NM 87102
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Studio Apartments
1114 Gold Ave SW
1114 Gold Ave SWAlbuquerque, NM 87102
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Studio Apartments
1100 Gold Ave SW
1100 Gold Ave SWAlbuquerque, NM 87102
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Studio Apartments
805 Tijeras Ave NW
805 Tijeras Ave NWAlbuquerque, NM 87102
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1 Bedroom Apartments
204-210 12th St SW
204-210 12th St SWAlbuquerque, NM 87102
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Studio Apartments
1123 Silver Ave SW
1123 Silver Ave SWAlbuquerque, NM 87102
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Studio Apartments
1204 Silver Ave SW
1204 Silver Ave SWAlbuquerque, NM 87102
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Studio Apartments
913 Copper Ave NW
913 Copper Ave NWAlbuquerque, NM 87102
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Studio Apartments
1021 Silver Ave SW
1021 Silver Ave SWAlbuquerque, NM 87102
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
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1 to 2 Bedroom Apartments
909-911 Gold Ave SW
909-911 Gold Ave SWAlbuquerque, NM 87102
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1 Bedroom Apartments
El Portal
323 11th St NWAlbuquerque, NM 87102
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Studio Apartments
1111 Silver Ave SW
1111 Silver Ave SWAlbuquerque, NM 87102
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Studio Apartments
1107 Tijeras NW
1107 Tijeras NWAlbuquerque, NM 87102
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Studio Apartments
504 14th St SW
504 14th St SWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
311-319 12th St SW
311-319 12th St SWAlbuquerque, NM 87102
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1 Bedroom Apartments
1413 Fruit Ave NW
1413 Fruit Ave NWAlbuquerque, NM 87104
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Studio Apartments
1023 Central Ave NW
1023 Central Ave NWAlbuquerque, NM 87102
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Studio Apartments
1017-1025 Fruit Ave NW
1017-1025 Fruit Ave NWAlbuquerque, NM 87102
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Studio Apartments
201 11th St NW
201 11th St NWAlbuquerque, NM 87102
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Studio Apartments
300-306 12th St SW
300-306 12th St SWAlbuquerque, NM 87102
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Studio Apartments
1008 Central Ave NW
1008 Central Ave NWAlbuquerque, NM 87102
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Studio Apartments
720 Roma Ave NW
720 Roma Ave NWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
902 Tijeras Ave NW
902 Tijeras Ave NWAlbuquerque, NM 87102
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Studio Apartments
1210 Central Ave NW
1210 Central Ave NWAlbuquerque, NM 87102
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1 Bedroom Apartments
711 Roma Ave NW
711 Roma Ave NWAlbuquerque, NM 87102
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Studio Apartments
401 14th St SW
401 14th St SWAlbuquerque, NM 87102
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1 Bedroom Apartments
400 11th St NW
400 11th St NWAlbuquerque, NM 87102
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Studio Apartments
1404 Silver Ave SW
1404 Silver Ave SWAlbuquerque, NM 87102
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1 Bedroom Apartments
Arcadia Courtyard
1020 Park Ave SWAlbuquerque, NM 87102
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Studio Apartments
Carousel
401 14th StAlbuquerque, NM 87104
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Studio Apartments
Downtown @ 700
700 2nd St NWAlbuquerque, NM 87102
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1 to 3 Bedroom Apartments
Anthea
950 4th St NWAlbuquerque, NM 87102
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2 Bedroom Apartments
Park Place
1325 Park Ave SWAlbuquerque, NM 87102
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Studio to 1 Bedroom Apartments
The Franz
1716 Central Ave NWAlbuquerque, NM 87104
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1 Bedroom Apartments
Country Club Lofts
1700 Central Ave SWAlbuquerque, NM 87104
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Studio Apartments
510 2nd St NW
510 2nd St NWAlbuquerque, NM 87102
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 to 2 Bedroom Apartments
La Plata Manor
1221 Silver Ave SWAlbuquerque, NM 87102
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1 Bedroom Apartments
709 Roma Ave NW
709 Roma Ave NWAlbuquerque, NM 87102
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Studio Apartments
601 8th St NW
601 8th St NWAlbuquerque, NM 87102
Showing Results 1-48, Page 1 of 1
Downtown Albuquerque, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Downtown Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albuquerque Studio Apartments | $990 | $790 | $1,800 |
| Downtown Albuquerque 1 Bedroom Apartments | $1,181 | $956 | $1,500 |
| Downtown Albuquerque 2 Bedroom Apartments | $1,801 | $1,395 | $2,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 2 mile radius of the Downtown Albuquerque Neighborhood of Albuquerque, NM.
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Cheapest Available Downtown Albuquerque Apartments for Rent
The cheapest available apartment rental in the Downtown Albuquerque area of Albuquerque, NM is a Studio unit found at Millennium Flats priced from $790. Silver Moon Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $897. Here are the most affordable Downtown Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Millennium Flats | Unit Type A | Studio,1BA | $790 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Nine-O-Nine Apartments | Studio | Studio,1BA | $1,095 |
| Mehran Lofts - Gold Avenue Realty, LLC | 0BR/1.0BA | Studio,1BA | $1,250 |
| 505 Central Lofts | Studio | Studio,1BA | $1,300 |
| 228 16th St NW | Studios | Studio,1BA | $1,500 |
| One Central | 2x2 A | 2BR,2BA | $1,600 |
| Huning Castle Apartments | Edinburgh Building A | 2BR,2BA | $2,095 |
Best Value Apartments for Rent in Downtown Albuquerque, NM
As of May 24, 2026 the best value apartment in the Downtown Albuquerque area is the $1.41 price per square foot 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 in the in the Hunning Highland neighborhood starting from $1,690. The second greatest value Downtown Albuquerque apartment is the Edinburgh Building A Model at Huning Castle Apartments starting at $2,095 with a $2.08 price per square foot in the Silver Lofts neighborhood. Here is today’s list of the best values for Downtown Albuquerque apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 817 Slate Ave NW, Unit 817 | 817 Slate Ave NW | 2BR,1BA | $1.41 |
| Huning Castle Apartments | Edinburgh Building A | 2BR,2BA | $2.08 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| One Central | 2x2 ABB | 2BR,2BA | $2.76 |
| Mehran Lofts - Gold Avenue Realty, LLC | 0BR/1.0BA | Studio ,1BA | $1.75 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| Nine-O-Nine Apartments | Studio | Studio ,1BA | $2.26 |
| 228 16th St NW | Studios | Studio ,1BA | $3.75 |
| Millennium Flats | Unit Type A | Studio ,1BA | $2.56 |
Frequently Asked Questions about Cheap Downtown Albuquerque Apartments
What is a cheap apartment in Downtown Albuquerque?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Albuquerque is under $2,095.
What types of apartments are the cheapest in Downtown Albuquerque?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Downtown Albuquerque that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.
Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.